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US-economy

Economists downgrade forecasts for U.S. growth

11/07/2014(0)
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. ... Read More
portugal

Global stock markets hit by Portuguese bank concerns

11/07/2014(0)
Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal’s biggest banks. Shares in Banco Espirito Santo were suspended after falling ... Read More
Asian stocks

Asian Stocks Slip With Won on Portugal as Gold Holds Gain

11/07/2014(0)
Asia’s benchmark stock index headed for its first weekly loss since May 9, the cost of insuring bonds in the region climbed and the yen maintained gains with gold ... Read More
stanley fischer

Fischer opposes proposals to break up banks

11/07/2014(0)
New Federal Reserve Bank Vice Chairman Stanley Fischer says financial reform in the U.S. “is making significant progress in strengthening the financial system,” and he casts doubt on proposals ... Read More
ASIAN STOCKS

Asian shares track Wall St. lower, yen gains

11/07/2014(0)
Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets. MSCI’s ... Read More
Amazon building

Amazon Sued Over Billing for App Store Purchases

11/07/2014(0)
Settling isn’t the Amazon way, whether the dispute is with book publishers or the federal government. The Federal Trade Commission on Thursday filed a suit in a Federal District ... Read More
Ponzi-scheme-1

Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge

11/07/2014(0)
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an ... Read More
oil

World Sets New Oil Production and Consumption Records

11/07/2014(0)
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on ... Read More
BOEHNER-

Boehner Says Obama Lawsuit Will Focus on Health Law

11/07/2014(0)
Speaker John A. Boehner’s lawsuit against President Obama will focus on changes to the health care law that Mr. Boehner says should have been left to Congress, according to ... Read More
Mario Draghi - ECB

ECB keeps banks on tight leash for health check results

10/07/2014(0)
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even ... Read More
Broker Cyprus TopFX